Middle East Economic Survey

VOL. XLVIII

No 36

5-September-2005

SYRIA

Croatias INA And Syria Sign Gas Sales Agreement

Croatias state-owned INA and the Syrian Petroleum Company (SPC) and the Syrian Gas Company on 28 August signed an agreement to facilitate the sale of gas from the Jahar discovery in the Hayan Block in the Central Palmyra region. INA in 1998 signed a production-sharing agreement (PSA) with Syria for the 4,900 sq km Hayan Block and in May 2004 gas was discovered at Jahar with estimated...